Icahn's Bid to Fast-Track Key Dell Lawsuit Fails

Icahn's Bid to Fast-Track Key Dell Lawsuit Fails

More immediately, Mr. [Carl Icahn] has to make his case in court. Icahn's legal team has said in court papers that the question before the court is "whether our law will allow these directors to act as Platonic guardians, repeatedly refusing to take 'no' for an answer on the merg...

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Bibliographic Details
Published in:Reuters Hedgeworld
Main Author: Warner, Dave
Format: Trade Publication Article
Language:English
Published: New York Argosy Group LLC 16-08-2013
Subjects:
Acquisitions & mergers
Computer industry
Corporate raiders
Investments
Litigation
Meetings
Proxy statements
Shareholder voting
State court decisions
Stock prices
Stockholders
New York
United States > US
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Summary:More immediately, Mr. [Carl Icahn] has to make his case in court. Icahn's legal team has said in court papers that the question before the court is "whether our law will allow these directors to act as Platonic guardians, repeatedly refusing to take 'no' for an answer on the merger, stacking the cards in its favor and deliberately postponing the annual meeting."
ISSN:2331-1568